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Press Release

Asyst
Reaches $50 Million in Japanese Orders for Fiscal Year-to-Date

Asyst Becomes Leading U.S.-Based Fab Automation Provider
to Japanese Semiconductor Markets Key Japanese Business Executives
Honor Asyst Position in Japan
NAGOYA, Japan, September 28, 2000 - Signaling strong business
growth in Japan, Asyst Technologies, Inc. (Nasdaq NM: ASYT), the
world's largest semiconductor fab automation company, today announced
it has received $50 million in new orders from leading Japanese
chip and equipment manufacturers since April 1, 2000, the beginning
of the company's current fiscal year.
With these orders, Asyst is on track to surpass its goal of reaching
over $100 million in total sales from Japan for the current fiscal
year, further strengthening its position as the leading U.S.-based
automation solutions supplier to the Japanese semiconductor market.
In the previous fiscal year, sales from Japan totaled $30.7 million.
Asyst believes its growing market share position in Japan reflects
an increasing number of customers who prefer Asyst's solutions
for their proven performance and interoperability, as well as the
company's superior service and support. Asyst has customers in
the Kansai, Oita, Nagasaki and Yokahama regions that produce large
memory chips as well as major logic producers serving the telecommunications,
consumer electronics and entertainment industries.
According to GartnerGroup's Dataquest, Japan is the world's second
largest producer of semiconductors in an overall global IC market
estimated to be $222 billion for the year 2000. Japan is also second
in the world's production of semiconductor capital equipment in
a global market estimated to be greater than $30 billion in 2000.
"Japan accounted for 26 percent of the worldwide IC market in
1999 and has been a leader in fab automation products. We see this
region as a vital growth opportunity," said Mihir Parikh, Asyst
chairman and chief executive officer. "We are extremely pleased
with Asyst's escalating performance and presence in the Japanese
market over the past six months. We look forward to working with
our customers in this important region so that we can continue
to help them realize the highest value possible within their fabs."
To honor Asyst's growing importance to the Japanese market, leading
executives and dignitaries, including Mr. Thomas Foley, the United
States' Ambassador to Japan; Mr. Taizo Nishimuro, chairman, Toshiba
Corporation; and Mr. Shoichiro Yoshida, president, Nikon Corporation,
attended a reception on Wednesday evening at Tokyo's Hotel Okura.
As part of the event, these leaders participated in an Asyst-sponsored
forum on 300mm semiconductor manufacturing and automation.
Asyst also announced consolidation of its operations with those
of MECS, a company acquired by Asyst last March, further solidifying
its commitment to the Japanese semiconductor automation market. "Our
new centralized operations will allow us to meet the needs of our
Japanese OEM and end-user customers most cost effectively," said
Josui "Joe" Nashimoto, president, Asyst Japan, Inc. "We are committed
to service the full range of opportunities in the semiconductor
automation market with a dedicated Asyst facility. We believe existing
and potential customers are both showing strong interest in how
our leading 200mm standard mechanical interface (SMIF) and 300mm
front-opening unified pod (FOUP)-based technologies can further
their fab automation needs," Nashimoto concluded.
Except for statements of historical fact, the statements in this
press release are forward-looking. Such statements are subject
to a number of risks and uncertainties that could cause actual
results to differ materially from the statements made. These factors
include, but are not limited to, general economic conditions, semiconductor
industry cycles, risks associated with the acceptance of new products
and product capabilities and other factors more fully detailed
in the Company's recent 10Q quarterly report on file with the Securities
Exchange Commission.
About Asyst:
Asyst Technologies, Inc. is the leading provider of manufacturing automation
systems that enable semiconductor makers to protect their valued assets throughout
the manufacturing process while increasing manufacturing productivity. Asyst
offers a broad range of 200mm and 300mm products that enable the Company
to provide semiconductor manufacturers and OEMs automated manufacturing solutions
for the transfer of wafers and information between the process equipment
and the fab line.
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